AIZOON AS: årsregnskap 2009 vs 2008
Mixed movements in the accounts
approved 2010-08-11; registry 2010-09-04; journal 2010 695816
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AIZOON AS. Equity -62.6k NOK → -229.0k NOK.
Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIZOON AS.
At a glance
Scorecard
Operating result
n/m
+7 088 NOK
—
Net result
+118.6k NOK
n/m
—
Equity
-62.6k NOK
-229.0k NOK
-266.1%
Total assets
2.32m NOK
2.28m NOK
-1.7%
What deteriorated
-
↓
Equity eroded
Book equity -62.6k NOK → -229.0k NOK (equity ratio -2.7% → -10.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -10.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation